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Select edible oils rise on increasing demand

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Press Trust of India New Delhi
Prices of select edible oils rose up to Rs 100 per quintal at the wholesale oils and oilseeds market on pick-up in demand from vanaspati millers and retailers.

However, non-edible oils remained steady in thin trade.

Traders said pick up in demand from retailers mainly led to the rise in select edible oil prices.

In the national capital, groundnut mill delivery (Gujarat) oil rose by Rs 50 to Rs 8,500 per quintal.

Palmolein (rbd) and palmolein (Kandla) oils moved up by Rs 100 each to Rs 5,800 and Rs 5,650 per quintal, respectively.

Soyabean refined mill delivery (Indore) and soyabean degum (kandla) oils also edged up by Rs 50 each to Rs 6,750 and Rs 6,450 per quintal respectively.
 

Following are today's quotations (in Rs per quintal):

Oilseeds: Mustard seed 2,950-3,050 and Groundnut Seed 2,150-2,900.

Vanaspati Ghee (15-litre tin) 930-1,070.

Edible oils: Groundnut Mill Delivery (Gujarat) 8,500, Groundnut Solvent Refined (per tin) 1,400-1,450, Mustard expeller (Dadri) 7,850, Mustard Pakki Ghani (per tin) 1,250- 1,300, Mustard Kachi Ghani (per tin) 1,300-1,400, sesame mill delivery 7,500, Soyabean Refined Mill Delivery (Indore) 6,750, Soyabean Degum (Kandla) 6,450, Crude Palm Oil (Ex-Kandla) 4,250, Cottonseed Mill Delivery (Haryana) 5,900, Palmolein (RBD) 5,800, Palmolein (Kandla) 5,650 and Coconut (per tin) 2,350-2,400.

Non-edible oils: Linseed 8,400, Castor 9,700-9,800, Neem 5,350-5,450.

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First Published: Feb 19 2015 | 3:00 PM IST

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